Lakshmi Machine Works is currently trading at Rs. 3900.00, up by 54.75 points or 1.42% from its previous closing of Rs. 3845.25 on the BSE.The scrip opened at Rs. 3930.00 and has touched a high and low of Rs. 3974.00 and Rs. 3900.00 respectively. The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 6431.40 on 08-Mar-2019 and a 52 week low of Rs. 3147.25 on 15-Oct-2019.Last one week high and low of the scrip stood at Rs. 3974.00 and Rs. 3600.00 respectively. The current market cap of the company is Rs. 4178.07 crore.The promoters holding in the company stood at 30.91%, while Institutions and Non-Institutions held 22.72% and 46.37% respectively.Lakshmi Machine Works has commenced the assembly of Machine Tools at its Machine Tool Division facility located in Coimbatore in the state of Tamil Nadu, for DMG Mori Company, Japan and supply the same to Mori Seiki India. The company has commenced the assembly of Machine Tools on October 29, 2019.Lakshmi Machine Works is one among the three manufacturers of the entire range of Textile Machinery. LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customized products.

The sales for the June 2019 quarter moved down to Rs. 4523.15 millions as compared to Rs. 6360.06 millions during the year-ago period.Net Profit of the company move down -71.69% to Rs. 140.63  millions from Rs. 496.79 millions  in the same quarter last year.Operating Profit reported a sharp decline to 332.22 millions from 895.85 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 4523.15 6360.06 -28.88 4523.15 6360.06 -28.88 26358.98 25589.04 3.01 Other Income 212.06 327.11 -35.17 212.06 327.11 -35.17 1060.85 1083.81 -2.12 PBIDT 332.22 895.85 -62.92 332.22 895.85 -62.92 3745.03 3746.06 -0.03 Interest 2.10 2.81 -25.27 2.10 2.81 -25.27 9.95 6.63 50.08 PBDT 330.12 857.00 -61.48 330.12 857.00 -61.48 3363.39 3699.16 -9.08 Depreciation 123.31 137.01 -10.00 123.31 137.01 -10.00 498.36 707.95 -29.61 PBT 206.81 719.99 -71.28 206.81 719.99 -71.28 2865.03 2991.21 -4.22 TAX 66.18 223.20 -70.35 66.18 223.20 -70.35 972.23 876.98 10.86 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 140.63 496.79 -71.69 140.63 496.79 -71.69 1892.80 2114.23 -10.47 Equity 106.83 109.56 -2.49 106.83 109.56 -2.49 106.83 109.56 -2.49 PBIDTM(%) 7.34 14.09 -47.86 7.34 14.09 -47.86 14.21 14.64 -2.95

Lakshmi Machine Works is currently trading at Rs. 5507.20, up by 42.15 points or 0.77% from its previous closing of Rs. 5465.05 on the BSE.The scrip opened at Rs. 5505.80 and has touched a high and low of Rs. 5555.00 and Rs. 5490.00 respectively. So far 155 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 9380.00 on 09-May-2018 and a 52 week low of Rs. 5353.05 on 21-Jan-2019.Last one week high and low of the scrip stood at Rs. 5658.25 and Rs. 5353.05 respectively. The current market cap of the company is Rs. 5883.34 crore.The promoters holding in the company stood at 30.83%, while Institutions and Non-Institutions held 20.47% and 48.70% respectively.Lakshmi Machine Works has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu at the Global Investors Meeting (GIM) held at Chennai on January 24, 2019. As per the MoU the Company proposes to invest Rs 600 crore over a period until 2024 in its existing business operations.The investment funded through internal accruals would be for modernizing/upgrading existing business operations of the company in the areas of Textile Machinery, Machine Tools, Foundry castings and Aerospace products. As per the MoU the Government of Tamil Nadu will support by extending fiscal and other incentives, infrastructural support like uninterrupted power supply and regulatory facilitation.Lakshmi Machine Works is one among the three manufacturers of the entire range of Textile Machinery. LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customized products.

The sales for the June 2018 quarter moved down to Rs. 6360.06 millions as compared to Rs. 6961.41 millions during the year-ago period.Net profit showed a marginal rise at Rs. 496.79 millions for the quarter ended June 2018, as compared to corresponding quarter of last year.Operating profit for the quarter ended June 2018 decreased to 895.85 millions as compared to 922.38 millions of corresponding quarter ended June 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 6360.06 6961.41 -8.64 6360.06 6961.41 -8.64 25589.04 24322.57 5.21 Other Income 327.11 214.93 52.19 327.11 214.93 52.19 1083.81 906.03 19.62 PBIDT 895.85 922.38 -2.88 895.85 922.38 -2.88 3746.06 3461.24 8.23 Interest 2.81 0.03 9266.67 2.81 0.03 9266.67 6.63 3.77 75.86 PBDT 857.00 918.34 -6.68 857.00 918.34 -6.68 3699.16 3410.46 8.47 Depreciation 137.01 217.96 -37.14 137.01 217.96 -37.14 707.95 747.33 -5.27 PBT 719.99 700.38 2.80 719.99 700.38 2.80 2991.21 2663.13 12.32 TAX 223.20 224.12 -0.41 223.20 224.12 -0.41 876.98 757.09 15.84 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 496.79 476.26 4.31 496.79 476.26 4.31 2114.24 1906.04 10.92 Equity 109.56 109.56 0.00 109.56 109.56 0.00 109.56 109.56 0.00 PBIDTM(%) 14.09 13.25 6.31 14.09 13.25 6.31 14.64 14.23 2.87

A decrease in the sales to Rs. 5424.21 millions was observed for the quarter ended December 2017. The sales stood at Rs. 5820.32 millions during the similar quarter previous year.Profit saw a slight increase of 9.93%to Rs. 563.47  millions from Rs. 512.58 millions.Operating profit surged to 975.16 millions from the corresponding previous quarter of 951.61 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 5424.21 5820.32 -6.81 18116.00 17203.02 5.31 24322.57 27530.18 -11.65 Other Income 327.15 270.63 20.88 743.78 706.87 5.22 906.03 983.69 -7.89 PBIDT 975.16 951.61 2.47 2730.96 2353.37 16.04 3461.24 4169.33 -16.98 Interest 2.31 0.56 312.50 5.53 3.23 71.21 3.77 8.70 -56.67 PBDT 970.11 910.31 6.57 2718.52 2305.37 17.92 3410.46 4110.79 -17.04 Depreciation 141.57 156.52 -9.55 541.85 506.60 6.96 747.33 828.92 -9.84 PBT 828.54 753.79 9.92 2176.67 1798.77 21.01 2663.13 3281.89 -18.85 TAX 265.08 241.21 9.90 674.77 575.60 17.23 757.09 1080.65 -29.94 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 563.47 512.58 9.93 1501.91 1223.17 22.79 1906.04 2201.24 -13.41 Equity 109.56 112.67 -2.76 109.56 112.67 -2.76 109.56 112.67 -2.76 PBIDTM(%) 17.98 16.35 9.96 15.07 13.68 10.20 14.23 15.14 -6.04

The company witnessed a 24.85% growth in the revenue at Rs. 6961.41 millions for the quarter ended June 2017 as compared to Rs. 5575.80 millions during the year-ago period.A comparatively good net profit growth of 43.72% to Rs. 476.26 millions was reported for the quarter ended June 2017 compared to Rs. 331.39 millions of previous same quarter.Operating profit for the quarter ended June 2017 rose to 922.38 millions as compared to 672.70 millions of corresponding quarter ended June 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 6961.41 5575.80 24.85 6961.41 5575.80 24.85 24322.57 27530.18 -11.65 Other Income 214.93 222.49 -3.40 214.93 222.49 -3.40 906.03 983.69 -7.89 PBIDT 922.38 672.70 37.12 922.38 672.70 37.12 3461.24 4169.33 -16.98 Interest 0.03 0.22 -86.36 0.03 0.22 -86.36 3.77 8.70 -56.67 PBDT 918.34 670.88 36.89 918.34 670.88 36.89 3410.46 4110.79 -17.04 Depreciation 217.96 183.89 18.53 217.96 183.89 18.53 747.33 828.92 -9.84 PBT 700.38 486.99 43.82 700.38 486.99 43.82 2663.13 3281.89 -18.85 TAX 224.12 155.60 44.04 224.12 155.60 44.04 757.09 1080.65 -29.94 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 476.26 331.39 43.72 476.26 331.39 43.72 1906.04 2201.24 -13.41 Equity 109.56 112.67 -2.76 109.56 112.67 -2.76 109.56 112.67 -2.76 PBIDTM(%) 13.25 12.06 9.82 13.25 12.06 9.82 14.23 15.14 -6.04

Lakshmi Machine Works is currently trading at Rs. 3852.00, down by 28.65 points or 0.74% from its previous closing of Rs. 3880.65 on the BSE.The scrip opened at Rs. 3845.00 and has touched a high and low of Rs. 3874.40 and Rs. 3834.75 respectively. The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 4698.50 on 06-Oct-2016 and a 52 week low of Rs. 3050.00 on 26-Feb-2016.Last one week high and low of the scrip stood at Rs. 3950.00 and Rs. 3825.00 respectively. The current market cap of the company is Rs. 4,220.06 crore.The promoters holding in the company stood at 28.35%, while Institutions and Non-Institutions held 18.93% and 52.73% respectively.The company has reported 21.63% fall in its net profit at Rs 51.26 crore for third quarter ended December 31, 2016, as compared to Rs 65.41 crore for the same quarter in the previous year. Total income of the company decreased by 16.22% at Rs 609.09 crore for the quarter under review as compared Rs 726.99 crore for the corresponding quarter previous year. Lakshmi Machine Works is a global player and among the top three manufacturers of the entire range of Textile Spinning Machinery ranging from Blow Room to Ring Spinning.

Lakshmi Machine Works is currently trading at Rs. 3865.00, up by 3.40 points or 0.09 % from its previous closing of Rs. 3861.60 on the BSE.The scrip opened at Rs. 3872.50 and has touched a high and low of Rs. 3899.25 and Rs. 3855.80 respectively. So far 212 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 4698.50 on 06-Oct-2016 and a 52 week low of Rs. 3050.00 on 26-Feb-2016.Last one week high and low of the scrip stood at Rs. 3992.35 and Rs. 3830.00 respectively. The current market cap of the company is Rs. 4359.01 crore.The promoters holding in the company stood at 28.35%, while institutions and non-institutions held 18.93% and 52.73% respectively. Textile machinery manufacturing major Lakshmi Machine Works has showcased 10 machines at IMTEX 2017 in Bengaluru. The products were designed in line with the company’s policy of delivering innovation and value creation, backed by a well-trained service team. The company’s solution will address needs like high productivity, accuracy, low downtime, minimal rejection and above all - an automated solution.Lakshmi Machine Works, founded in the year 1962 is a global player and among the top three manufacturers of the entire range of Textile Spinning Machinery ranging from Blow Room to Ring Spinning.

Lakshmi Machine Works has submitted the Shareholding Pattern for the Period Ended January 06, 2017. The above information is a part of company’s filings submitted to BSE.

Lakshmi Machine Works has informed that a meeting of the Board of Directors of the Company will be held on May 25, 2016, to consider and take on record the audited financial results of the Company for the financial year ended March 31, 2016.The above information is a part of company’s filings submitted to BSE.

Lakshmi Machine Works has informed about quarterly statement on investor complaints/ Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Lakshmi Machine Works has informed that R. Rajendran, Director Finance of the Company has retired from the position of Director Finance with effect from the conclusion of business hours on February 01, 2016. However, R. Rajendran will continue as Director on the Board.The above information is a part of company’s filings submitted to BSE.